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Knicks, Nets Expanding Bridges Trade To Include Milton, Diakite, Bates-Diop

2024/07/knicks-nets-expanding-trade-to-include-milton-bates-diop.html

As cap expert Yossi Gozlan explains (Twitter links), the Knicks can give Milton a $3.1MM salary for 2024/25 using his Non-Bird rights.

Atlantic Notes: Brissett, Springer, Walsh, Gordon, Knicks Rotation

2024/07/atlantic-notes-brissett-springer-walsh-gordon-knicks-rotation.html

The Celtics still have the option to bring back Brissett on a veteran’s minimum deal or with Non-Bird rights.

Atlantic Notes: Hartenstein, Pagliuca, George, Nets Rebuild

2024/07/atlantic-notes-hartenstein-pagliuca-george-nets-rebuild.html

The Knicks held the center's Early Bird rights, limiting them to a four-year, $72.5MM offer.

Magic Re-Sign Goga Bitadze On Three-Year Deal

2024/07/magic-to-re-sign-goga-bitadze-on-three-year-deal.html

Bitadze has a minimum cap hold that will put the Magic in position to go over the cap to re-sign him with his Early Bird rights, cap expert Yossi Gozlan tweets.

Rockets Re-Sign Aaron Holiday

2024/07/rockets-to-re-sign-aaron-holiday.html

Because he signed as a free agent with the Rockets last season, Holiday only has Non-Bird rights this summer, meaning the team can't give him a deal worth more than 20% above the veteran's minimum without using a different exception.

Warriors Sign De’Anthony Melton To One-Year Contract

2024/07/warriors-to-sign-deanthony-melton-to-one-year-contract.html

And his salary is large enough that even though they'll only have his non-Bird rights a year from now, they could still make him a competitive offer in 2025 free agency, assuming things go well for both sides.

Thunder Sign Isaiah Hartenstein To Three-Year Deal

2024/07/thunder-isaiah-hartenstein-agree-to-three-year-deal.html

Although the Knicks wanted to retain Hartenstein, they were limited to a maximum offer of approximately $72.5MM over four years, since they only held his Early Bird rights, which allowed for a raise of up to 75% on his $9.25MM cap hit from 2023/24.

Tobias Harris Signs Two-Year Deal With Pistons

2024/07/tobias-harris-gets-two-year-deal-with-pistons.html

They hold Early Bird rights on the 28-year-old small forward and can offer him a new deal worth up to $58MM over four years.

Thunder Sign Isaiah Joe To Four-Year Contract

2024/07/thunder-isaiah-joe-agree-to-four-year-contract.html

They can keep his minimum-salary cap hold on the books until they've used all that room, then go over the cap using his Early Bird rights to officially re-sign him to his new deal. … The maximum amount the Thunder could have given Joe on an Early Bird contract was about $58.2MM over four years, so this deal will come in a little lower than that.

Sixers Sign Tyrese Maxey To Five-Year Max Contract

2024/07/tyrese-maxey-sixers-agree-to-five-year-max-contract.html

The 76ers will use up all their cap room before going over the cap to officially re-sign Maxey using his…

NBA Minimum Salaries For 2024/25

2024/06/nba-minimum-salaries-for-2024-25.html

Technically, a minimum-salary contract could cover five years for a player with full Bird rights, but in actuality, that never happens.

Celtics Re-Sign Neemias Queta To Three-Year Deal

2024/07/celtics-reach-multi-year-agreement-with-neemias-queta.html

JULY 2: Queta's deal will be for three years, according to Keith Smith of Spotrac, who tweets that the Celtics are using the center's Non-Bird rights to give him a deal longer than what the minimum salary exception allows.

Nicolas Batum Reportedly Won’t Re-Sign With Sixers

2024/06/nicolas-batum-reportedly-wont-re-sign-with-sixers.html

In order to create significant cap room, the Sixers have to renounce Batum's cap hold and will thus lose his Bird rights.

Salary Cap, Tax Line Set For 2024/25 NBA Season

2024/06/salary-cap-tax-line-set-for-2024-25-nba-season.html

The Early Bird amount represents the maximum starting salary a team can offer a player it intends to re-sign using his Early Bird rights, assuming that amount is greater than 175% of his previous salary. … The NBA's cap increased by the maximum allowable 10% during the 2022 and 2023 offseasons and is expected to do so again in 2025 as the league's new media rights deal takes effect, so this year represents an outlier, creating more challenges circumstances for teams navigating the cap and the aprons.

2024 NBA Free Agency Primer

2024/06/2024-nba-free-agency-primer.html

Need a refresher on how sign-and-trades work, what it means to have "Early Bird rights" on a player, how a team becomes hard-capped, or what exactly it means to operate over a tax apron? We explain all in our glossary.

Bol Bol Re-Signs With Suns

2024/06/bol-bol-to-re-sign-with-suns.html

Phoenix holds Bol's Non-Bird Rights, so he's eligible for a new deal worth up to 20% more than the veteran's minimum salary, though Woj's report doesn't specify whether that's what his new contract will be worth.

Damion Lee Declines Player Option With Suns

2024/06/damion-lee-declines-player-option-with-suns.html

According to Gerald Bourguet of PHNX Sports (Twitter link), a new deal with the Suns is a possibility for Lee,…

Paul George Declines Option, Will Take Free Agent Meetings

2024/06/paul-george-to-decline-option-become-free-agent.html

The move puts George on track to become an unrestricted free agent, and he intends to schedule meetings with the Clippers - who control his Bird rights - and other suitors with cap room beginning on Sunday evening, says Wojnarowski. … Typically, Los Angeles would be able to offer a fifth year to a Bird-rights free agent, but that's not an option for George due to the over-38 rule.

Thunder Declining 2024/25 Options On Joe, Wiggins

2024/06/thunder-declining-2024-25-options-on-joe-wiggins.html

The thinking is that the Thunder will be able to keep Joe's and Wiggins' very small cap holds on the books, use up all of their cap room on other moves, then go over the cap to re-sign the two players to multiyear contracts using their Bird rights (or, in Joe's case, Early Bird rights).

Pacers’ Jalen Smith To Decline Option, Become Free Agent

2024/06/pacers-jalen-smith-to-decline-option-become-free-agent.html

A new agreement with Indiana remains a possibility, since the team will hold his Bird rights and can go over the cap to re-sign him.

Raptors Re-Sign Immanuel Quickley To Five-Year Deal

2024/07/raptors-expected-to-re-sign-immanuel-quickley-to-five-year-deal.html

If they end up operating under the cap, the Raptors can use up all their room while keeping that hold on their books, then go over the cap using Quickley's Bird rights to sign him to his new deal.

Multiple Suitors Reportedly Willing To Offer Paul George Four-Year Deal

2024/06/multiple-suitors-reportedly-willing-to-offer-paul-george-four-year-deal.html

Typically, the Clippers would have the option of going all the way up to five years for George, since they…

Knicks To Acquire Mikal Bridges From Nets For Bogdanovic, Multiple First-Rounders

2024/06/knicks-to-acquire-mikal-bridges-from-nets-for-bogdanovic-multiple-first-rounders.html

Hartenstein is expected to be a top target for several teams in free agency, and the Knicks -- who only hold his Early Bird rights -- can offer a max of four years and approximately $72.5MM.

Pistons Considered Potential Trade Destination For Mavs’ Hardaway

2024/06/pistons-considered-potential-trade-destination-for-mavs-hardaway.html

Dallas only holds Non-Bird rights on Jones and can't offer him a contract worth more than 20% above the minimum without dipping into its mid-level exception.